Some people who study money and how it works think that buying bitcoin now is a good idea because its price went down from very high to a little lower, but it will go up again soon. This happened before when bitcoin's price changed like this, and they expect the same thing to happen again. They say this change in price is temporary and a good chance to buy more bitcoin before an important event called "halving" happens in April. The halving is when the reward for mining new bitcoins gets cut in half, which can make bitcoin's value go up. Read from source...
- The article is based on an opinion from Bernstein analysts, which may not be representative of the general market or other experts in the field.
- The article does not provide any evidence or data to support their claim that the recent retreat from all-time highs is a temporary "dip buying opportunity".
- The article uses ambiguous terms such as "current phase of bitcoin consolidation" and "cross-cycle 18 month opportunity", which may confuse or mislead readers who are not familiar with the crypto market.
- The article makes a strong prediction about the future of bitcoin and the entire crypto ecosystem, without considering any potential risks or challenges that may arise in the meantime.